Mountain Protocol, the issuer of the USDM stablecoin, announced an integration of Chainlink CCIP. This cross-chain interoperability platform aims to increase user security and usability.
The trend for Chainlink price has been very indecisive in the last week and month, but it seems to have a better picture in the broader setting for October, as it has grown from $10.60 to $11.13—a gain of almost 4%. Some forecasts even show Chainlink breaking above the $12 point by the beginning of
Bitcoin (BTC) has continued its impressive performance this week, going past $67,000 after an increase of almost 3% over the past 24 hours and almost 8% over the past week, as the crypto market continues its impressive recovery.
Staking, data oracle expansion, and Secure Mint launch have fueled LINK's bullish momentum.
The cryptocurrency market experiences continued volatility, Chainlink (LINK) is facing a challenging situation, prompting many investors to question whether a drop to $8 is imminent. Currently priced at around $10.64, LINK has shown a slight decline of 0.49% in the past 24 hours.
For crypto projects, delays in token listings can mean missed opportunities and frustration for users. Most wallets can take up to two weeks to list tokens, keeping projects in a prolonged waiting period. However, Plus Wallet is altering this approach by enabling projects to verify and list tokens in under 15 minutes.
Chainlink may be poised for a breakout after 4-year accumulation period.
Chainlink (LINK) is facing a precarious situation, with analysts predicting a potential price decline of approximately 13%. This downturn comes as LINK has formed a bearish price action pattern, indicating a challenging outlook for traders and investors.
Ronin has integrated Chainlink's Cross-Chain Interoperability Protocol to enhance the security and efficiency of its cross-chain bridge.
IDA Finance, a Hong Kong-based issuer of digital assets, is integrating Chainlink's blockchain services with the upcoming HKDA stable coin, which will be pegged to the Hong Kong dollar. This strategic move aims to enhance transparency and bolster secure cross-chain operations for this fiat-backed stable coin.
Chainlink price held up well against Bitcoin's drop on October 10 following higher-than-expected CPI inflation data. The crypto market slid by 1.2%, but the LINK price remained steady against USDT and gained 0.2% against BTC.
Chainlink (LINK), a leading player in the decentralized finance (DeFi) sector, is capturing attention as it prepares for what many analysts predict to be a robust recovery in the coming years. With a focus on providing secure and reliable data for smart contracts, Chainlink's price movements are under close scrutiny.
Chainlink (LINK) price is facing challenges as technical indicators show bearish momentum. LINK's EMA lines recently formed a death cross, indicating continued bearish pressure.
As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana, and Bitcoin.
Ronin adopts Chainlink's CCIP to fortify its cross-chain bridge.
TL;DR Scroll has integrated the Chainlink Cross-Chain Interoperability Protocol (CCIP) to enhance the creation of decentralized applications (dApps) in a multi-chain environment. The integration will enable token transfers and messaging between different blockchains, facilitating the development of more complex dApps.
Ronin has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance the security of its cross-chain bridge, according to an Oct. 10 statement shared with CryptoSlate. Ronin explained that all crypto currently bridged using the Ronin Bridge will transition to CCIP for native cross-chain transfers.
Zero-knowledge rollup Scroll has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP).
Major cryptocurrencies XRP, Solana and Chainlink might be candidates for a potential price rebound if indications presented by current market sentiment turn out favorable.
The Ronin network has officially adopted Chainlink's Cross-Chain Interoperability Protocol (CCIP) after receiving approval from its validators.
Ronin said the Chainlink CCIP integration would reinforce its bridge's security and free up resources to accelerate Its adoption.
"Security was the number one most important factor," said Phuc Thai, Head Researcher at Ronin developer Sky Mavis.
Ronin Network's integration of Chainlink CCIP enhances security, potentially accelerating Web3 gaming adoption and multi-chain ecosystem growth. The post Ronin Network adopts Chainlink CCIP to strengthen cross-chain security appeared first on Crypto Briefing.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Linea integrates Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance security and functionality in cross-chain applications, expanding the multi-chain ecosystem.
Amid the ongoing uncertain cryptocurrency market sentiment, Chainlink (LINK) is poised for a price decline as it has formed a bearish price action pattern on its daily time frame. In addition to LINK's bearish outlook, its price has started declining alongside other major cryptocurrencies.
IDA Finance collaborates with Chainlink to enhance transparency and cross-chain interoperability of HKDA.
IDA plans expand its business offerings with the launch of a US-dollar backed stablecoin after the successful launch of HKDA.
IDA Finance's use of Chainlink Proof of Reserves and CCIP products aims to boost cross-chain operability and asset security.
Chainlink (LINK), one of the most promising projects in the crypto space, is attracting renewed attention as market analysts predict a potential price surge. A leading crypto analyst, known as Investor Reality, has predicted that Chainlink's market cap could climb to $100 billion by the second quarter of 2025, which would send its price soaring to $159.54.
The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.
An analyst predicts Chainlink could reach a $100 billion market cap by Q2 2025, potentially pushing LINK's price to $159.54 based on current supply figures.
Chainlink price continues to bounce between $10.25 and $12.38 as investors make this the new accumulation zone. The crypto asset has a huge potential to turn the industry around, and market analysts believe it could surge to a $100 billion market cap.
Chainlink is quite the buzzword in cryptocurrency land. Well-known expert Michael Van De Poppe has described it as a “lifetime opportunity.
The crypto market contains millions of cryptos, making it an industry of $2.16T. Not only that, it processes $62 Billion worth of transactions in 24 hours, but calling one specific cryptocurrency a once-in-lifetime opportunity is a big deal.
Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs.
LINK seeks long-term value growth through institutional presence, but this may not materialize in the current cycle.
Chainlink (LINK) has seen a 14% decline in value over the past seven days, mirroring the broader market downtrend. This double-digit drop has pushed Chainlink's price below critical support levels, making it difficult to regain upward momentum without new demand entering the market.
World Mobile Token, an avant-garde project in the decentralized telecommunications sector, has recently announced a strategic partnership with Chainlink, one of the global leaders in blockchain technology, to integrate the Cross-Chain Interoperability Protocol (CCIP).
Chainlink (LINK) is currently experiencing its share of ups and downs. Despite a recent downturn, there are promising signs that LINK might be on the verge of recovery.
Chainlink (LINK) price has seen a significant drop, mirroring broader market downturns. Currently, LINK is trading beneath important support levels, signaling a strong bearish trend.
The market is heavily influenced by broader geopolitical and economic factors, particularly the ongoing tensions in the Middle East and upcoming U.S. economic data. Despite some minor price movements, Bitcoin hasn't shown significant momentum, with key levels at $62,400 needing to be reclaimed for a bullish trend.
Multiple indicators suggest that LINK is primed for a significant market move.
Swiss cryptocurrency custody and trading firm Taurus has joined hands with Chainlink in a collaboration expected to advance institutional tokenized asset adoption.
TL;DR Taurus and Chainlink partner to advance adoption of tokenized assets across global financial institutions. The collaboration will address key challenges such as security, data, and asset mobility by integrating Chainlink technology. Taurus will implement the Cross-Chain Interoperability Protocol (CCIP) to facilitate transfers of tokenized assets between different blockchains.
Taurus, backed by Deutsche Bank, has teamed up with Chainlink Labs to advance the use of tokenized assets by financial institutions.
The partnership could significantly boost institutional confidence in tokenized assets, potentially transforming global capital markets through enhanced security and interoperability. The post Deutsche Bank-backed Taurus and Chainlink team up to accelerate tokenized asset adoption appeared first on Crypto Briefing.